White House Puts 2015 Opioid Crisis Cost at $500 Billion
A new report from the White House’s Council of Economic Advisers estimates that the ongoing opioid crisis cost the U.S. $504 billion (2.8% of gross domestic product) in 2015 and led to over 33,000 American overdose deaths. Survey data indicate that 2.4 million Americans have an opioid-use disorder. “In assessing the benefits of fiscal and regulatory policies that limit opioid abuse in the United States, it is important to understand the costs associated with the epidemic that policies might mitigate,” the report says.
Last month, president Trump declared the opioid abuse crisis a public health emergency, and briefly mentioned FDA’s role: “The FDA is now requiring drug companies that manufacture prescription opioids to provide more training to prescribers and to help prevent abuse and addiction and has requested that one especially high risk opioid be withdrawn from the market immediately,” the president said (see transcript). He presumably was talking about the agency’s recent decision to extend Risk Evaluation and Mitigation Strategy (REMS) requirements that now apply to extended-release/long-acting (ER/LA) opioid formulations to cover immediate-release (IR) formulations as well (see earlier story).
The high-risk opioid being withdrawn from the market is Endo Pharmaceuticals’ Opana ER (oxymorphone hydrochloride), the benefits of which the agency announced in June may no longer outweigh its risks (see story).
The public health emergency declaration comes on the heels of FDA commissioner Scott Gottlieb’s 10/25 testimony before the House Energy and Commerce Committee that FDA is focusing on three broad areas to help address the opioid crisis — lowering overall exposure to opioid drugs and, in turn, reducing the number of new cases of addiction; enabling more opportunities for those currently addicted to opioid drugs to seek medication-assisted treatment that can help them recover; and helping expedite the development of progressively more effective abuse deterrent formulations of opioid drugs and non-opioid alternatives for treating pain.
After the president’s announcement, Gottlieb released a statement saying the agency is “committed to taking additional steps under the new declaration of a public health emergency to more forcefully confront this immense national tragedy. This includes taking aggressive steps to prevent new addictions and opioid-related deaths, and help those currently addicted regain control and restore them to their communities.”